35. 350,000 Alumni
19,000 Community Leaders and Volunteers
1000 Ci<es in 136 countries
More than 50 Startups beyond $1M Valua<on
WE’RE A MASSIVE FAMILY!
36. STARTUP WEEKEND CO-FOUNDER.TEDx SPEAKERWRITER FOR FORBES / WSJAWARDED ENTREPRENEUR.LOVES EYE OF THE TIGER
FOUNDED STRATEGYHACK.
MATCHED VERIZON, CHASE, AMEX,
MORGAN STANLEY, PUBLICIS, OGILVY
WITH STARTUPS. HIS SUCCESS
STORIES GREW BEYOND $200M OF
REVENUE.
Peter Crysdale Franck Nouyrigat
MEET THE
FOUNDERS
84. The UK recently introduced Seed Enterprise Investment Scheme
(SEIS). SEIS encourages startup investment by offering
a straight 50% tax break to those investing up to £100,000.
109. With more money (and new non VC entrants) venture financings have
obviously increased. 2015 was an enormous year (2x pre recession)
2
US VC financing activity
0
2,500
5,000
7,500
10,000
$0
$25
$50
$75
$100
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Capital invested ($B)
# of rounds closed
8,097
9,381
8,563
7,572
6,428
5,193
4,3164,533
4,119
3,145
2,574
$77
$68
$44
$40$42
$30
$26
$36$35
$28
$23
2,574
3,145
4,119
4,533 4,316
5,193
6,428
7,572
8,563
9,381
8,097
Source: PitchBook 2015 Annual U.S. Venture Industry Report; Upfront analysis.
110. This has swung sentiment for many experienced VCs, with 62% of
respondents advising companies to cut costs / burn as markets tighten
12
4%
35%
62%
Source: Upfront Survey Jan 2016, 156 VCs.
Which statement best describes the spending behavior at most
of the companies in which you are on the board or observe?
Generally cutting costs expecting
markets to tighten
Don’t see much change from a year ago
Generally not too worried about burn rates
111. With the sentiment of the markets it’s no surprise that a full 82% of VCs
expressed caution or concern going into 2016
15
2%
30%
50%
9%
9%
Source: Upfront Survey Jan 2016, 155 VCs.
Hugely bullish
I’m very concerned
Things are bad & getting worse
Generally cautious
Generally optimistic
Which of the following statements best describes
your mood heading into 2016